Selling shares · Epic Games

How to sell your Epic Games stock

Disney invested $1.5 billion in Epic Games at a $22.5 billion valuation — a sharp cut from Epic’s 2022 peak near $31.5 billion. If you hold Epic equity, that reset is the number that matters. Here’s the real picture, and the tax.

Status Privately held · Reviewed November 2026

Epic Games is a private US gaming company (Fortnite, Unreal Engine) — still private as of November 2026. In 2024 Disney invested $1.5 billion at a $22.5 billion valuation, a cut from the 2022 peak near $31.5 billion. This guide is for the Epic Games holder.

Independent guide. PrivateTechShares is not affiliated with, endorsed by, or connected to Epic Games. This is general educational information for people who already hold Epic Games equity. We don’t recommend or endorse any transaction — whether to buy or sell, and on what terms, is entirely your own decision based on your own due diligence. What we do: help you prepare — a clear picture of what you hold, what it may be worth, and the paperwork.

What’s it worth?A realistic range for your Epic Games stake in seconds.
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What you actually hold at Epic Games

Epic equity is typically stock options and, for later grants, RSUs (Epic has also run employee stock programmes over the years). Options you exercise into shares; RSUs settle on a liquidity event or set date. The key point at Epic is the cut valuation: if you were granted near the 2022 peak, your stake is worth less than you may remember. Check your grant for vested amount, strike and settlement terms.

Epic Games at a glance — the dates that matter to holders

2022
Epic valued around $31.5 billion after a large round.
Feb 2024
Disney invests $1.5 billion at a $22.5 billion valuation — a sharp cut.
2025–26
Still private; valuation anchored around the Disney-deal mark.

Figures as publicly reported (CNBC on the Disney investment; The Information on the $22.5bn valuation). Confirm current status before relying on them.

How Epic Games equity turns into cash

Epic is private, with no open market. Liquidity has come through company stock programmes and its rounds. Outside those, a private secondary is subject to Epic’s transfer rules (right of first refusal, company approval). Don’t assume a standing market or the 2022 price.

Where holders actually find buyers → A plain-English map of every route — buybacks, tenders, company secondaries, platforms and investor networks.

The decision you’re probably facing

Mark to the Disney deal (~$22.5bn), not the 2022 peak. Epic’s valuation was cut, so if your grant dates from the peak your real value is lower and your options could be closer to their strike. Before exercising and owing tax, check where you stand against the ~$22.5 billion mark.

The practical steps: value your vested equity at the ~$22.5 billion mark, compare it to your strike, and model the tax of exercising or settling.

The tax reality (US)

Most US startup equity is taxed one of two ways. RSUs are ordinary income when they settle (on a liquidity event or set date), with employer withholding that can fall short at higher incomes; later gains are capital gains. Options cost the strike to exercise and, for ISOs, can trigger AMT — use the ISO/AMT calculator. Selling in a tender or secondary is a capital-gains event on any rise since you acquired the shares. Full method in our methodology.

What to expect on price

A tender has a set price; a private secondary to an outside buyer usually happens at a discount to the last headline valuation — because the buyer takes an illiquid minority stake, and you likely hold common shares worth less than investors’ preferred. See what discount is fair.

For holders

Holding Epic Games equity? Get the occasional, no-noise update when something changes that could affect your position — we watch the private market so you don’t have to.

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Work out your Epic Games position

Get the numbers straight at today’s mark: what your equity is worth around $22.5 billion, how it compares to your strike, and the tax of exercising or settling. Free tools give you the pieces; the report runs them on your grant.

Build my equity report →

valuation estimator · ISO/AMT calculator · US toolkit — $39

Questions people ask

Can I sell my Epic Games shares?

Epic is private, so selling would be through any company stock programme or a private secondary subject to Epic’s transfer rules. There’s no open market, so confirm whether and how you can sell before relying on it.

How much are my Epic Games shares worth?

Value them at the Disney-deal mark (about $22.5 billion in 2024), not the 2022 peak near $31.5 billion. Adjust for your share class and strike, with an illiquidity discount. Use our estimator as a starting point.

Why is Epic worth less than in 2022?

Disney’s 2024 investment valued Epic at about $22.5 billion, a sharp cut from the 2022 peak near $31.5 billion. For holders, that reset is the number that matters when you value a grant.

Sources

We re-verify this page’s facts monthly — they can change between updates. Figures are as reported (November 2026); confirm current status before you rely on them.

More about Epic Games: epicgames.com ↗ (official site) · funding & valuation data ↗.